Category: Inflation
America’s Fake Money Will Get More Fake
The guardians of the world’s most important measures of value said they would lend more fake money at even fakier interest rates.
Trump’s Trade War: Just More Swamp Food
Politics got a boost with the election of Donald J Trump. Before his administration took over, trade was very low on the feds’ agenda.
The Financial World’s Most Popular Delusion
Short-term finance is great for short-term speculators. But it is bad for business. You can’t build a real, prosperous economy with overnight money.
The Fed Prepares for Mistake #3
Setting artificially low interest rates made the downtrend worse. Growth slowed further. The Swamp deepened. The empire grew bigger and more corrupt.
The Extinction of the Fiscal Conservative
The Democrats were early adopters of the ‘deficits don’t matter’ flapdoodle. Once in power, Republicans found it useful, too.
Tilling the Soil in the Garden of Catastrophe
Few notice that it is not an Eden that is being prepared…but a garden of catastrophe…
The American Bolsheviks Are Coming…
Politics is the enemy of civilisation. It is the enemy, too, of economic progress. Most important, it is the enemy of dignity and clear thinking.
How Hot Money Put America in Hot Water
Hot money is only useful for speculators. They can use it to take leveraged positions in stocks and bonds — where they know they can unload them and get out at a moment’s notice.
The Real Source of Wealth Inequality…
Buying stocks or houses may have been a good plan for 1982. And maybe even 2002. But for 2019? Is the pattern of the last 30 years likely to continue?
How $30 Trillion Disappears…
Wall Street and Main Street haven’t seen eye to eye for a long time. Now, they practically no longer talk to each other. Here’s why.
Stocks Have a Rendezvous with Destiny
Stocks couldn’t decide where to go yesterday. Up? Down? So, they went nowhere. Nowhere is about as good as it gets in this market.
The Most Important Ratio in All of Investing
If Mr Trump is right, Americans no longer want free trade; they want protection from it. And if the Democrats are right, they want protection from free enterprise, too.
Have We Passed ‘Peak Prosperity’?
There are three important decisions in life: What you do…with whom you do it…and where you do it. What. Who. Where. Keep it simple.
Trump Missed His Chance to Make America Great Again
Trump, many believe, is the Messiah. He will wipe away every tear. Mourning, crying, and pain will be no more. He will deliver us from evil, they think.
Why We’re Not on the Trump Bandwagon
Put the cronies in charge of business. Let the loyal apparatchiks control prices. Then, print money to cover your deficits. What could go wrong with that programme?!